Nvidia Sees $63.7–66.3 B Q4 Revenue, Launches Vera Rubin and Strikes OpenAI Deal
Nvidia forecasts Q4 revenue of $63.7–66.3 billion and $1.50 EPS, marking its 13th consecutive revenue beat and 12th straight earnings beat. The company accelerated its Vera Rubin AI platform launch, won approval for several hundred thousand H200 chips in China and advanced a $30 billion OpenAI investment.
1. Q4 Earnings Forecast
Nvidia expects fourth-quarter revenue between $63.7 billion and $66.3 billion with EPS of $1.50, up from $39.3 billion and $0.89 a year earlier. This would extend its streak to 13 straight revenue beats and 12 consecutive earnings beats.
2. Early Vera Rubin Launch
The company accelerated production of its next-generation Vera Rubin AI platform, which delivers up to five times the training performance of its previous GPU line. Partners will begin receiving Rubin-based products in the second half of 2026, bolstering data center growth.
3. China Approval and OpenAI Investment
Chinese authorities approved initial imports of several hundred thousand H200 AI chips for research applications, easing prior supply constraints. Nvidia also finalized plans for a $30 billion equity investment in OpenAI, enhancing its strategic AI partnership pipeline.